Benchmark Space Systems announced a permanent licensing partnership to integrate Tesseract Space's intellectual property, assets, and staff; Tesseract co-founder Erik Franks joined Benchmark's leadership team.
SourceTesseract builds better thrusters for modern satellites
Public company, workplace, funding, and market signals
Tesseract is a spacecraft propulsion hardware company that designs and manufactures green propulsion systems for small satellites and other in-space applications, including off-the-shelf thrusters, multi-thruster modules, turn-key propulsion systems, and custom engineering/manufacturing services.
Primary product
Spacecraft propulsion hardware and green propulsion systems
Founded
2017
Headquarters
North Hills, California, United States
Team size
1-10
Industry
Defense and Space Manufacturing
Sub-industry
Spacecraft propulsion hardware
Offices
0 jobs at Tesseract
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Business model
Stage
Seed
Total raised
$2.5M
Latest round
Grant · May 2021
Latest amount
$120K
Investors
Public messaging emphasizes safer low-toxicity propulsion, cost consciousness, and quality/reliability for flight-qualified aerospace hardware.
Pricing
Not publicly disclosed
Differentiators
Technology
Customers
Competitors
Estimated revenue
under $1M
Estimated monthly visits
312
Traffic estimate as of Jun 2026
Benchmark Space Systems announced a permanent licensing partnership to integrate Tesseract Space's intellectual property, assets, and staff; Tesseract co-founder Erik Franks joined Benchmark's leadership team.
SourceBenchmark Space Systems · Aug 2020
Benchmark said it would integrate Tesseract Space intellectual property, assets, and staff and expand its non-toxic chemical propulsion business; Erik Franks joined Benchmark leadership.
SatNews · Aug 2020
Satellite-industry coverage of the Benchmark/Tesseract licensing and staff/IP integration deal.
TechCrunch · Jul 2019
Profiles Tesseract's green propulsion technology, products Polaris and Adhara, early customers, and a $2M seed round.
Crowdfund Insider · Jun 2018
Reports on Tesseract's Wefunder campaign, prior funding from angels and Y Combinator, and product/performance claims.
P2PMarketData · Apr 2018
States the Wefunder campaign raised $929,391 from 1,253 investors and closed on 2018-12-14.